In a recent post on X, CRYPTOWZRD pointed out that Litecoin ended the day on a bearish note, with LTCBTC giving up its gains in a sharp reversal. He emphasized the need for stronger, more stable price action from the LTCBTC pair before expecting a solid move in Litecoin. For now, his focus remains on the intraday chart, where he’s watching closely for short-term opportunities to scalp quick trades. LTCBTC Spike Fizzles After Bitcoin Dominance Rebounds According to CRYPTOWZRD, Litecoin and its BTC pair (LTCBTC) both ended the day with bearish daily candle closes, signaling potential short-term weakness. Despite showing some upward momentum earlier in the day, the broader market conditions shifted, impacting Litecoin’s price action significantly. Related Reading: Litecoin Fate Tied To Bitcoin – Will $96 Resistance Crack? LTCBTC experienced a brief spike, primarily triggered by a drop in Bitcoin dominance. This short-lived move created a temporary window for bullish momentum in Litecoin. However, the gains were not sustained, and much of the spike was quickly retraced as Bitcoin dominance began to rebound. As Bitcoin regained strength, Litecoin’s price action closely mirrored the movements of BTC and LTCBTC. This correlation led Litecoin to test the $112 resistance level once more, but the rejection at that zone caused it to lose ground and slide back toward the $96 support region. CRYPTOWZRD noted that any significant upside for Litecoin will likely depend on LTCBTC turning bullish again, a move that typically coincides with a drop in Bitcoin dominance. Until that shift occurs, the path higher remains uncertain, and traders may need to remain cautious of potential downside pressure. For now, the expert’s focus is shifting to lower timeframes, where he aims to identify short-term formations for scalping opportunities. Volatility Expected To Increase Near Key Levels For Litecoin CRYPTOWZRD concluded his analysis by noting that the intraday chart for Litecoin showed a clear bearish structure throughout the day. Price action lacked strength, and any upward movement was quickly met with resistance. This points to ongoing uncertainty in the short term, with sellers still maintaining some control. Related Reading: Litecoin Surges Past Descending Resistance – Bulls Target $97.10 Level Looking ahead, he emphasized that a clean reversal and reclaim of the $102 resistance zone could shift momentum. If Litecoin manages to hold above that level, it may open the door for a push toward the $112 resistance area. As his final verdict, CRYPTOWZRD warned that if Bitcoin doesn’t provide a strong directional move soon, Litecoin could continue to trade sideways with choppy volatility over the weekend. In the meantime, patience is key — traders should wait for a more mature, high-probability setup before entering new positions. Featured image from iStock, chart from Tradingview.com
In a recent X post, CryptoWzrd highlighted that Litecoin (LTC) closed the day on a slightly bearish note. He explained that LTC’s price action remains closely tied to Bitcoin’s movement and overall market sentiment, with the $96 level standing out as the next resistance. Bearish Daily Close For Litecoin Amid Bitcoin Correlation According to CryptoWzrd, Litecoin closed the day with a bearish daily candle, while mirroring Bitcoin’s price action. This alignment suggests that LTC remains heavily influenced by broader market sentiment and BTC’s directional moves. Meanwhile, the LTCBTC pair ended the session indecisively, offering no clear signal of strength or weakness against Bitcoin at the moment. Related Reading: Litecoin Surges Past Descending Resistance – Bulls Target $97.10 Level The analyst noted that for a sustained upside move in Litecoin, healthier and more constructive candles are needed on the LTCBTC chart. Without stronger signals from this pair, confidence in a breakout remains limited. Adding to the cautious tone, CryptoWzrd pointed out that a decline in Bitcoin dominance would be a critical factor in unlocking altcoin momentum, including for Litecoin. From a technical standpoint, Litecoin is currently aiming for the $96 daily resistance level. CryptoWzrd explained that a successful push above this barrier could open the door for a stronger rally, potentially extending toward the $128 resistance zone. However, that scenario depends on supportive market conditions and renewed strength across altcoin charts. On the downside, $80 stands out as the key daily support level that traders should monitor. A breakdown below this zone could trigger a deeper correction and delay any near-term bullish ambitions. Maintaining support above this level would be crucial in preserving the broader structure and keeping upward targets in play. Looking ahead, CryptoWzrd emphasized his focus on the lower time frames to spot potential scalp opportunities. By analyzing intraday chart formations, he aims to capitalize on short-term price movements while the broader market context unfolds. Traders following LTC closely will want to keep an eye on these short-term setups for quick entries and exits amid ongoing volatility. Intraday Volatility Signals Patience Over Action In conclusion, CryptoWzrd noted that today’s intraday chart for Litecoin was marked by volatility and a bearish tone, making it a challenging environment for clean trade setups. He emphasized the importance of waiting for a more favorable trading location before entering any positions, as the current conditions lacked clear direction and structure. Related Reading: Litecoin Could Be ‘Just Weeks Away’ From Third-Ever Golden Cross — Expert According to the analyst, a move above the $90 intraday resistance would be a positive signal and could present a potential long opportunity. However, if the price gets rejected at that level, it may lead to further downside pressure. For now, CryptoWzrd remains patient, waiting for the market to establish a healthier setup before taking action. Featured image from Adobe Stock, chart from Tradingview.com
Litecoin (LTC) is back in the spotlight as bullish momentum sweeps across the crypto market. After months of volatility and sideways action, Litecoin is showing signs of strength, pushing above key technical levels and attracting fresh investor interest. The broader market recovery, fueled by optimism in Bitcoin and Ethereum, has created favorable conditions for altcoins to regain traction, and Litecoin could be one of the biggest beneficiaries. Related Reading: Tron DeFi Activity Expands: SunSwap Hits $3B+ Monthly Swaps In 2025 Top analyst Carl Runefelt recently shared a technical analysis highlighting a major development: Litecoin has broken above a key level on the daily chart. This breakout is a critical technical signal, suggesting a potential trend reversal after weeks of consolidation and indecision. While resistance remains overhead, analysts believe that a confirmed reclaim of this level as support could trigger an expansive phase for LTC, opening the door to strong upside moves. As institutional interest in crypto grows and macroeconomic conditions stabilize, assets like Litecoin—known for speed, low fees, and high liquidity—may attract attention from traders and investors seeking asymmetric returns. With momentum on its side and market sentiment shifting, the coming days will be crucial to determine whether Litecoin can turn this breakout into a full-scale rally. Litecoin Bullish Momentum And ETF Hopes Fuel Rally Litecoin (LTC) is gaining bullish traction as price action strengthens and investor sentiment improves across the crypto market. Currently trading above $90, Litecoin has broken out of its downward trend, signaling renewed buying interest and technical strength. This move is particularly significant, given months of sideways consolidation and the broader market’s gradual recovery. According to Carl Runefelt, Litecoin has decisively broken above its descending resistance on the daily chart—a bullish technical setup that could pave the way for further gains. Runefelt believes the next target is $97.10, a level that, if reached and held, could mark the start of a new upward leg for LTC. The recent breakout has reignited interest in Litecoin’s medium-term prospects, especially as traders look for altcoins with momentum and untapped upside. Adding to the optimism is speculation surrounding a potential Litecoin spot Exchange-Traded Fund (ETF). According to Bloomberg, the probability of approval for a Litecoin spot ETF by October 2 (local time) has risen to an impressive 95%. Such a product would offer institutional investors a new and regulated vehicle to gain exposure to LTC, potentially unlocking significant inflows. With favorable technicals and strong fundamentals aligning, Litecoin appears poised for a breakout. The coming days will be critical as bulls aim to confirm support above $90 and push toward the $97.10 resistance. If ETF approval expectations continue to build alongside broader market momentum, Litecoin could emerge as one of the top-performing altcoins of the current cycle. Related Reading: Bitcoin Bounces Off Key Demand Level – Price Discovery On The Menu? LTC Price Action: Key Levels To Reclaim Litecoin (LTC) is showing strong bullish momentum after breaking above a key descending resistance level on the daily chart. As seen in the chart, LTC surged over 4% in the last session, closing at $91.23. This breakout follows weeks of tight consolidation near the $85 zone and signals growing interest as market sentiment improves across the board. Price has now moved decisively above the 50-day and 100-day moving averages, which have acted as resistance in recent weeks. The next challenge lies at the 200-day moving average, currently near $98.50, which aligns closely with the analyst-projected target of $97.10. Reclaiming that level would confirm a full trend reversal and open the door to testing the $100 psychological level. Related Reading: Tron Shows Adoption Strength As Volume Still Led By Big Transfers – Details Volume has also picked up, supporting the breakout and suggesting that buyers are stepping in. If bulls maintain momentum and consolidate above $90, Litecoin could confirm a shift in market structure and set the stage for a broader rally. On the downside, any rejection at the 200-day MA could trigger a retest of the $87–$89 support area. Featured image from Dall-E, chart from TradingView
Technical analysis suggests a potential "golden cross" pattern, which could precede a multi-week rally.
The price of Litecoin didn’t end May in the best possible way, especially considering its start to the month, falling from around $95 to beneath $85 before May 31st. While the start of June was quite strong, the altcoin has failed to maintain its bullish momentum each time a rally seemed to be on. After falling beneath the $80 level on June 22, the Litecoin price seems to be back on its feet as it currently dances around the $87 mark. Interestingly, a fresh price outlook portraying an even brighter future for the cryptocurrency has emerged. How Much LTC Price Surged After First Two Golden Crosses In a recent post on the X platform, Chartered Market Technician Tony Severino shared an exciting analysis of the Litecoin price. According to the crypto expert, the price of LTC could embark on an explosive rally depending on its movement over the next few weeks. Related Reading: Cardano Price Woes To Continue? Analyst Expects ADA To Fall To $0.47 This bullish projection is based on the potential formation of a Golden Cross — the third ever — on the Litecoin weekly chart. In a crypto context, a Golden Cross occurs when a short-term moving average (50-week moving average, in this case) crosses above a longer-term moving average (200-week moving average). Typically, Golden Cross formations often precede and are associated with extended periods of bullish price movements. However, Severino believes that Litecoin is just weeks of a significant rally away from triggering its third-ever Golden Cross on the weekly price chart. Source: @TonyTheBullCMT on X Severino cited the earlier two situations where the Golden Cross occurred after a substantial price rally. In the first instance, this chart phenomenon appeared on the Litecoin weekly timeframe after a 700% surge from the local lows in 2017. Meanwhile, the LTC rallied by 450% from its local bottom before the second-ever Golden Cross in 2021. For each time the Golden Cross appeared on the chart, the price of Litecoin witnessed a significant bullish momentum. In 2017, the LTC price soared by 7,100% from around $5 to as high as $360. The altcoin jumped by more than 380% to reach its current all-time high of $410 after the Golden Cross formation in 2021. If the Golden Cross does occur and history is anything to go by, the Litecoin price could be preparing to reach a new all-time high in its next leg up. Litecoin Price At A Glance As of this writing, the price of LTC stands at around $86.26, reflecting a 1.7% increase in the past 24 hours. According to CoinGecko data, the altcoin is up by more than 7% in the last seven days. Related Reading: Crypto Analyst Predicts $10,000 ATH For Ethereum This Cycle, Here’s Why Featured image from Getty, chart from TradingView
The Middle East news might be the immediate catalyst, but spot ETF approval by the SEC could be coming.
Analysis suggests market participants may be positioning for a potential litecoin exchange-traded fund (ETF) approval.
Grayhoood, a crypto trader, said on X that Litecoin is currently experiencing a bearish trend, emphasizing the ongoing weakness in price action. Over the past 24 hours, LTC has decreased by 2.8%, and the candlestick charts reflect a noticeable downward movement. As shown in the chart he referenced, LTC started the day around $89.00 but faced a sharp decline, dropping to $87.00 before managing a brief recovery to $88.50. However, the price has since fallen again to $84, indicating sustained selling pressure in the short term. Momentum Fades: RSI Drifts Toward Oversold Territory According to Grayhoood, current technical indicators suggest that Litecoin may face further downside, with multiple metrics aligning to support a bearish short-term outlook. One of the primary indicators in focus is the Relative Strength Index (RSI), which appears to be drifting toward oversold territory. Related Reading: Indecisive Close For Litecoin, But The Real Story Lies In BTC.D’s Next Move While such a move could hint at a potential bounce, Grayhoood cautions that it also signals bearish sentiment in the market. Beyond the RSI, momentum oscillators such as the Stochastic indicator and the Commodity Channel Index (CCI) are also painting a gloomy picture. These tools are typically used to gauge market reversals and the strength of ongoing trends. In this case, both are tilting toward further downward momentum if no strong bullish catalyst appears, especially as prices struggle to hold above the $87 support level. Short-Term Declines Contrast with Yearly Gains in LTC’s Moving Averages The analyst further highlighted a mixed outlook from Litecoin’s moving averages, suggesting a market caught between short-term weakness and long-term potential. In the near term, shorter-duration averages are flashing strong sell signals. These are driven by LTC’s recent negative performance, with a -9.0% drop over the past week and a -12.5% decline over the last two weeks, painting a clear picture of growing bearish momentum and sustained selling pressure. Related Reading: Market Expert Projects ‘Undervalued’ Litecoin To Soar At Least 1,000% — Here’s How However, the longer-term moving averages tell a different story. Despite recent setbacks, Litecoin has posted a 2.3% gain over the past year, which keeps the long-term trend technically bullish. This divergence suggests that while short-term traders may be responding to immediate price volatility and weakness, long-term investors could still see value in the asset, especially if broader market conditions stabilize or improve. That said, the broader market sentiment currently leans bearish, weighed down by Litecoin’s inability to maintain key support levels amid recent price volatility. Even with long-term growth providing a degree of optimism, the prevailing trend is defined by downward pressure and uncertainty. Until short-term indicators begin to align with the long-term bullish structure, Litecoin may continue to face a challenging environment. Featured image from Adobe Stock, chart from Tradingview.com
Litecoin (LTC) wrapped up the day with an indecisive close, leaving traders on the edge of their seats. While LTC’s price action offered little clarity, the bigger picture may be unfolding elsewhere. According to market watchers, the real catalyst for Litecoin’s next significant move could come from Bitcoin Dominance (BTC.D). A shift in BTC.D could tip the scales, either paving the way for a bullish breakout or extending its current sideways drift. Litcoin And LTCBTC Await A Clear Signal In a recent update, market analyst CRYPTOWZRD offered a detailed, cautious take on Litecoin’s current technical position while highlighting key factors to watch for a potential upside move. He observed that the LTC/USDT and LTC/BTC daily candles “closed indecisively,” a classic sign of market hesitation. Related Reading: Market Expert Projects ‘Undervalued’ Litecoin To Soar At Least 1,000% — Here’s How This kind of price behavior often reflects a lack of conviction from traders and can precede either a continuation or a reversal, depending on how subsequent candles develop. According to CRYPTOWZRD, what’s needed now are “more healthy candles” to confirm renewed bullish intent in the coming sessions. A major factor influencing Litecoin’s outlook is Bitcoin dominance. CRYPTOWZRD explained that a decline in BTC.D would likely benefit altcoins like Litecoin, allowing LTCBTC to gain traction. If such a shift occurs, Litecoin could begin forming a bullish “W” reversal pattern, typically a reliable signal of a bottoming process and the start of a new upward trend. This pattern, if confirmed, would signal improving market sentiment around LTC and open the door for a stronger recovery. CRYPTOWZRD is keeping a close eye on the $96 level, which he identified as a key threshold on the daily chart. A sustained move above this level could give Litecoin the strength to rally toward the $128 resistance area. “I will be tracking the intraday chart development,” he noted, suggesting that his next trade decision will be heavily influenced by how Bitcoin performs in the short term. Intraday Choppiness: A Battle For Direction Sharing his thoughts on Litecoin’s intraday performance, the analyst described the chart as “choppy and slow” throughout the day, reflecting a lack of clear momentum in either direction. He emphasized that a decisive move above the $96 mark, followed by sustained price action at that level, could serve as a catalyst for a potential long toward the next significant resistance around $102 or possibly higher. Related Reading: Litecoin Monthly Close Above Key Resistance Could Ignite 30% Rally – Is A Breakout Coming? However, the analyst cautioned that failure to reclaim $96 may result in continued sideways volatility, with no strong directional bias in the near term. He also highlighted the role of Bitcoin in shaping Litecoin’s next move, noting that broader sentiment and movement in BTC will likely decide whether LTC breaks higher or remains range-bound. Featured image from Adobe Stock, chart from Tradingview.com
The price of Litecoin has been somewhat indecisive this year, and the past week is a prime example of this disappointing trend. While the world’s largest cryptocurrency, Bitcoin, reached a new all-time high, LTC failed to capitalize on the injection of bullish momentum into the crypto market. However, a prominent crypto expert has come forward with a claim that Litecoin might be the most undervalued asset in the market at the moment. Interestingly, the altcoin’s price seems set to enjoy a period of strong bullish impetus over the next few months. Here’s Why LTC Price Could Be Set For An Extended Rally Chartered Market Technician Tony Severino has put forward an exciting prediction for the price trajectory of Litecoin in the coming months. According to the crypto expert, the digital asset could be preparing for an extended bull rally of at least 1,000% — and up to 2,000% — price growth. Related Reading: Traders Pile In: Bitcoin Open Interest Hits All-Time High As Price Nears $112K This bullish projection is based on the movement of the Stochastic Oscillator on the 3-month LTC price chart. The Stochastic Oscillator is an indicator used in technical analysis to gauge price momentum and pinpoint potential trend reversals. The indicator is usually represented by two lines: %K and %D. %K is a faster line while %D is a smoothed moving average of %K, and they both oscillate between 0 and 100. When the Stochastic Oscillator falls below 20, it implies an oversold market; while values above 80 often indicate an overbought market. According to Severino, the Litecoin 3-month Stochastic is approaching the 50 mark, which signals rising bullish sentiment for the altcoin’s price. The indicator failed the last time it attempted to cross this level in 2021. However, the successful breach of this 50 mark is still historically significant, as it has marked the start of substantial bull rallies in the past. For instance, the altcoin’s price grew by 4,900% when the Litecoin Stochastic crossed the level in 2017. Severino noted that it is highly unlikely for the price of Litecoin to surge by nearly 5,000% from its current level if the Stochastic Oscillator crosses the 50 level. Nevertheless, the market expert believes the asset’s price could rise by at least 1,000% and up to 2,000% by the end of 2026. Finally, Severino mentioned that the Litecoin price is in an interesting place, with the asset being one of the most undervalued crypto assets at the moment. Litecoin Price At A Glance As of this writing, the price of LTC stands at around $96, reflecting an over 5% decline in the past 24 hours. Related Reading: When Will Altcoin Season Begin After Bitcoin Price Hit ATH Above $111,000? Featured image from Getty, chart from TradingView
As Litecoin (LTC) tries to break out of a bullish pattern, an analyst suggests that a monthly close above its key horizontal zone could propel the price to levels not seen since the 2021 bull run. Related Reading: Bitcoin Ready For Second ‘Price Discovery Uptrend’ Following $109,000 Breakout – What’s Ahead For BTC? Litecoin Attempting Key Breakout Litecoin has seen a remarkable 63% rally from April’s lows over the past month and a half, surging above crucial levels in the past few weeks. Just this month, the cryptocurrency has recovered the $80 and $90 support levels and attempted to reclaim the $100 barrier again. Fueled by the market recovery and Bitcoin’s rally past the $100,000 mark, LTC hit a two-month high of $107 nearly two weeks ago. Since then, the altcoin has struggled to hold the $100 mark. However, analyst Carl Runefelt from The Moon Show recently suggested that Litecoin “is about to pump.” The analyst highlighted a bullish pattern on LTC’s chart, which could see the cryptocurrency rise 20% toward the $117.5 mark for the first time since early March. According to Runefelt’s chart, the cryptocurrency formed a bullish flag pattern after hitting its two-month high. Since then, LTC has hovered between the upper and lower boundary, bouncing once before from the support line toward the pattern’s resistance line. Earlier this week, Litecoin bounced again from the support after touching the $92 level, which led the analyst to suggest it has “every chance to break out of this bullish flag to the upside.” On Friday, the altcoin jumped 11% from the pattern lows, briefly breaking out and hitting the $102 mark before retracing to the $96 mark. The cryptocurrency now hovers between the $98-$99 levels, just 1% below the pattern’s upper boundary. A surge above this level to confirm the breakout could set the stage for the pattern’s $117.5 target and mark a significant push toward a key horizontal level. LTC Preparing For Rally To $150? Analyst Rekt Capital pointed out that Litecoin needs a Monthly Close above its key resistance level to target the $150 mark and above. He highlighted the $110-$125 horizontal level, explaining that LTC “spends most of its time below it and very little time comparatively beyond it.” The analyst noted that since 2019, the rejection from this resistance level has been getting “progressively weaker over time to the point where only a couple of months ago, LTC tried to retest this region as support” during the early 2025 rally. Despite failing to reclaim this level, this could suggest that the resistance is “struggling to hold price down,” which is why the next breakout above this area could signal that “the chances of a successful retest are high.” Related Reading: SUI Preparing For Another Leg Up – Is $5 The Next Target? Moreover, the weakening of the resistance could be partly attributed to its multi-year Marco Higher Low, as Litecoin has bounced from the ascending trendline toward this resistance each time it has been retested. Based on this, the analyst considers that a Monthly Close above the key horizontal level, followed by a retest to confirm the breakout, would give the necessary strength for a 30% rally above the $150 mark for the first time since 2021. As of this writing, Litecoin trades at $98.60, a 2.7% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Litecoin is holding steady at a critical level after a strong 69% surge in the past month, riding the wave of broader market momentum. As Bitcoin flirts with its all-time high, analysts are closely watching LTC for signs of a potential breakout or breakdown. The current price action shows consolidation near a crucial demand zone, which has historically served as a pivot for Litecoin’s major moves. Related Reading: Range-Bound Ethereum Sees Volatility – High Timeframe Levels Hold The Key While bullish sentiment is building across the crypto market, not all analysts are convinced. Some warn that if Bitcoin fails to break into price discovery and the broader market stalls, Litecoin could face renewed selling pressure. However, top analyst Carl Runefelt remains optimistic, sharing a technical view that suggests Litecoin is forming a bullish flag pattern on the chart—a structure that often precedes strong upward continuation. Runefelt’s target points to a breakout above the current range, supported by healthy market structure and recent gains. Still, the coming days will determine whether LTC follows through with a rally or pulls back. For now, Litecoin stands at a technical crossroads, with both opportunity and risk on the table. Litecoin Eyes Breakout As Market Awaits BTC Confirmation Litecoin is currently trading at a pivotal level, caught in the middle of growing speculation about the market’s next major move. After a powerful 69% rally over the past month, LTC has entered a phase of consolidation, holding just above a crucial support level. The broader crypto market is in a similar position, with investors watching closely for a potential breakout in Bitcoin that could pull the rest of the market higher. As Bitcoin hovers just below its all-time high, Litecoin traders are holding their breath. Many believe that a breakout above the $109K mark for BTC could serve as a catalyst for altcoins, especially LTC. But not everyone agrees—some analysts expect the market to cool down first, leading to a deeper correction before any renewed upside. Runefelt is firmly in the bullish camp. He recently shared a technical analysis highlighting a bullish flag pattern forming on Litecoin’s chart. According to Runefelt, Litecoin has already bounced from support, and this setup presents a high-probability breakout scenario. His price target for the move is $117.5, which would mark a significant push higher from current levels. Runefelt’s view aligns with the broader bullish sentiment that’s slowly rebuilding across the market. However, the confirmation remains dependent on both Litecoin’s ability to break above short-term resistance and Bitcoin’s performance near its all-time high. For now, LTC investors remain cautiously optimistic, aware that momentum could shift quickly depending on macro market developments. Related Reading: Dogecoin Momentum Fades – Analyst Expects $0.213 Retest Technical Details: Key Levels To Watch Litecoin (LTC) is currently trading at $95.35, showing resilience after a brief pullback from its recent local high near $106. The chart highlights a period of consolidation, with LTC finding support just above its 200-day exponential moving average (EMA) at $93.82 and slightly below the 200-day simple moving average (SMA) at $100.76. These two moving averages are now acting as a technical pivot zone, creating both resistance and support that could define LTC’s next move. After a strong rally from April lows around $66, Litecoin surged over 69% before facing resistance at the psychological $100 level. The price is now hovering in a tightening range, which could develop into a bullish continuation pattern—especially if broader market sentiment remains positive and Bitcoin pushes above its all-time high. Related Reading: Ethereum Flashes Golden Cross Signal – Can Bulls Push ETH To $3,000? Volume has slightly decreased during the recent pullback, indicating a lack of strong selling pressure. This supports the bullish thesis that the current move is a healthy consolidation rather than the start of a reversal. A breakout above the $100.76 resistance would open the door toward the $117.50 target, as mentioned by analysts like Carl Runefelt. Featured image from Dall-E, chart from TradingView
According to CRYPTOWZRD on his recent post on X, Litecoin (LTC) ended the week with a bearish close, a move that’s being interpreted as part of a normal market cycle rather than a sign of weakness. Despite the pullback, the LTCBTC pair is showing promising signs of strength and is expected to rally in the coming week. CRYPTOWZRD notes that the intraday chart development will be key in identifying the next viable scalp opportunity. As long as LTC continues to hold above the critical $100 level, the conditions remain favorable for a bullish breakout, potentially triggering the next leg up in the LTCBTC trading pair. The Bullish Catalyst That Could Propel Litecoin Higher Providing further insight, CRYPTOWZRD explained that the daily candles for Litecoin and the LTCBTC pair closed lower today. He reassured that this short-term decline is not a cause for concern, especially since the broader picture remains bullish. Related Reading: Litecoin Conviction Remains Strong: More Than 20% Of Supply Frozen Since 5+ Years According to the analyst, Litecoin’s weekly candle closed with notable strength, hinting at sustained upward pressure in the days ahead. The LTCBTC pair also ended the week on a positive note, which could be an early sign of renewed bullish momentum. However, CRYPTOWZRD emphasized the importance of a more impulsive push from LTCBTC in the upcoming week to ignite Litecoin’s upswing. He also noted that Litecoin and LTCBTC are currently trading in extremely oversold conditions, a factor that typically precedes strong rebounds. With that in mind, CRYPTOWZRD plans to closely monitor intraday developments on the lower time frames tomorrow, looking to capitalize on any quick trading opportunities as the setup evolves. LTC/BTC Breakout Confirmed – Key Levels To Watch Concluding his analysis, CRYPTOWZRD highlighted that Litecoin’s intraday chart remained highly volatile throughout the day, with the price now consolidating around the crucial $100 support zone. If buyers step in and drive a strong bullish move from here, it could open the door for a rally toward the $109 target or possibly even higher. Related Reading: Litecoin Breaks Under Parallel Channel: Analyst Predicts This Target On the other hand, a failure to hold this support could lead to extended sideways movement, especially if Bitcoin remains uncertain or lacks directional momentum in the coming sessions. The broader market’s response, particularly from BTC, will likely influence Litecoin’s next move. For now, CRYPTOWZRD advises waiting patiently for a clean and reliable setup to emerge before taking action. He emphasized that discipline is crucial in choppy conditions like these, and his focus will remain on tracking price development on lower time frames to spot the next favorable entry point. Featured image from Getty Images, chart from Tradingview.com
On-chain data shows HODLing conviction has been growing on the Litecoin network, with the 5+ years old hands only adding further with each cycle. Litecoin Has A Notable Part Of Its Supply Dormant For Years Now In a new post on X, the market intelligence platform IntoTheBlock has discussed about the trend in the supply of two Litecoin long-term holder cohorts. The “long-term holders” (LTHs) broadly refer to a class of LTC investors who have been holding onto their coins for more than a year, without having sold or moved them on the network even once. Statistically, the longer an investor holds onto their coins, the less likely they become to sell them at any point, so the LTHs with their long holding times are considered resolute entities. Related Reading: Bitcoin Whales Back In ‘Full Force’ For The Rally, Glassnode Reveals In the context of the current topic, not the entire LTH cohort is of interest, but rather two subdivisions of it: the holders carrying coins dormant since between three and five years ago, and those since more than five years ago. As these investors are on the deeper side of the the LTHs, they would represent the most stalwart side of the market. The 5+ years old LTHs, especially, would be the diamond hands among diamond hands. Now, here is the chart shared by the analytics firm that shows the trend in the amount of Litecoin supply held by these LTH groups over the history of the cryptocurrency: In the graph, IntoTheBlock has pointed out an interesting pattern with red boxes. These boxes correspond to periods of sharp increase in the supply of the 3 years to 5 years Litecoin cohort. Something to keep in mind is that a rise in the supply for these groups doesn’t correspond to accumulation that’s occurring at the time of the increase. Rather, what it indicates is that some buying occurred 3+ years ago and those coins have now matured enough to become part of one of these cohorts. The timing of the red boxes would put the buying periods of the coins roughly to the previous bull run. Thus, it would appear that some resolute hands buy during bull runs and hold tight until at least the next one. While accumulation has a delay equal to the cutoff of the group attached to it, selling isn’t the same. When coins are moved on the blockchain, their age instantly resets back to zero, and so, they are ejected out of the LTH cohort. Related Reading: Bitcoin Short-Term Holders Back In Green As Price Breaks $94,000 From the chart, it’s visible that despite their conviction, the 3 years to 5 years group does sell sometimes. “They tend to sell both into the next rally and during the following downturn,” notes the analytics firm. Interestingly, the 5+ years group has proven to be different, as its supply has mostly been following an upward trajectory over the years. Today, these diamond hands control more than 20% of the Litecoin UTXOs. LTC Price Litecoin has made recovery of over 9% in the past week as its price has jumped to $83. Featured image from Dall-E, IntoTheBlock.com, chart from TradingView.com
An analyst has pointed out how Litecoin has slipped under a parallel channel recently and could be set to see a move to this price level. Litecoin Has Broken Under Parallel Channel Support In a new post on X, analyst Ali Martinez has discussed about a parallel channel for Litecoin. The “parallel channel” refers to a pattern from technical analysis (TA) that forms when the price of an asset consolidates between two parallel trendlines. There are three types of parallel channels, but in the context of the current topic, the one where the channel is parallel to the time-axis is of interest. In this pattern, the trendlines track successive highs and lows of roughly equal magnitude. That is, the asset is consolidating completely sideways when inside the channel. Related Reading: Bitcoin Miner Selling Still Elevated, On-Chain Data Shows The upper line of the parallel channel is likely to be a source of resistance for the price in the future, meaning that tops can occur there. Similarly, the lower level can be where bottoms take place. If the asset manages to break past either of these barriers, however, then it may go on to see a continuation of trend in that direction. That is, an escape above the channel can be a bullish signal, while a fall under it can be a bearish one. As mentioned before, there are other types of parallel channels as well. Namely, the ascending and descending versions. These occur when the trendlines have a slope to them. That is, when the price’s consolidation happens towards a net upside or downside. Naturally, the ascending channel forms when the slope is positive and the descending one when it’s negative. Until recently, the daily price of Litecoin was potentially trading inside a parallel channel. Here’s the chart shared by the analyst, that shows this pattern for the cryptocurrency: From the graph, it’s visible that the recent bearish action in Litecoin has meant that its price has fallen under the parallel channel. If the pattern holds, this breakout would mean a bearish outcome for the asset. Generally, moves emerging out of a parallel channel are of the same length as the height of the pattern itself. Based on this, the analyst has put a target for LTC. “Exiting this channel sets up a price move to $70,” notes Martinez. Related Reading: Bitcoin Resets With 14% Deleveraging—Here’s What Past Events Led To Since the plunge under the lower trendline of the pattern has happened, Litecoin has been moving down. It only remains to be seen, though, whether the decline would extend to this price target or not. LTC Price Litecoin has suffered a drop of almost 6% in the last 24 hours, which has erased the earlier recovery and brought its price down to $88. Featured image from Dall-E, charts from TradingView.com
Litecoin (LTC) has shown resilience amid market uncertainty and selling pressure, holding its ground despite the broader downtrend in cryptocurrencies. After retracing from $130 to the $100 mark, LTC has successfully held this crucial support, signaling that bulls are still active in defending key levels. Related Reading: BTC Could Gain Momentum For A Move To $150,000 If Bulls Reclaim This Level – Details While most altcoins have struggled, Litecoin appears to maintain a slight bullish edge. According to Santiment data, LTC continues to show strength in its on-chain metrics, with the Market Value to Realized Value (MVRV) Ratio signaling a bullish outlook. This suggests that investors are still holding onto their LTC, with less incentive to sell at current levels, potentially paving the way for a recovery in the near future. However, the coming days will be critical for Litecoin, as Bitcoin remains under pressure, struggling below key levels. Market uncertainty continues to drive volatility, and if BTC experiences further downside, LTC could face increased selling pressure. On the other hand, if Bitcoin stabilizes or pushes higher, Litecoin could quickly capitalize on its strong fundamentals and begin a renewed upward trend. Litecoin Bulls Defend Crucial Demand Litecoin is currently trading between key liquidity levels, navigating months of volatility and uncertainty in the broader market. Despite the recent market downturn, LTC has shown relative strength over the past few weeks, managing to hold crucial support levels while other altcoins continue to struggle. Related Reading: Dogecoin Indicator Flashes A Buy Signal On The 4-Day Chart – Is DOGE Gearing Up For A Rebound? However, price action remains uncertain, as Litecoin has been unable to break above key supply zones. Bulls have attempted to push the price higher, but selling pressure at resistance levels has kept LTC within a tight trading range. Until a clear breakout occurs, traders remain cautious about the next major move. Top analyst Ali Martinez shared insights on X, highlighting that Litecoin maintains a bullish outlook based on on-chain data. According to Santiment’s MVRV Ratio, LTC is showing strength, suggesting that investors are holding onto their positions despite the market’s recent volatility. This metric often indicates whether an asset is undervalued or overvalued, and in Litecoin’s case, it signals that the coin still has strong upside potential. If the broader crypto market starts to recover, Litecoin could emerge as one of the strongest assets, given its relative stability and bullish on-chain signals. For now, all eyes remain on LTC’s ability to hold key support levels and whether bulls can break past resistance to confirm a new uptrend. LTC Price Action: Technical Levels To Watch Litecoin is currently trading at $104 after facing days of selling pressure. However, despite the bearish sentiment, sellers have struggled to push LTC below the crucial $100 demand zone. This level has acted as strong support, preventing further downside, and every day that LTC holds above this mark increases the probability of a recovery move. For bulls to regain control, Litecoin needs to reclaim the $115 level soon. A decisive break above this resistance could trigger renewed buying momentum, paving the way for a push into higher price levels around $130-$145. These areas represent the next major liquidity zones, where LTC could face strong resistance but also attract significant bullish interest. Related Reading: 2.23 Million Chainlink Moved To Exchanges In Two Weeks – Selling Pressure Incoming? If Litecoin continues to hold above $100, it would indicate buying confidence at lower levels, setting the stage for a potential breakout. However, failure to reclaim $115 in the short term could keep LTC in a prolonged consolidation phase, leaving its next major move uncertain. Featured image from Dall-E, chart from TradingView
Litecoin’s bullish momentum has cooled off, with the price sliding back to $97.8 after struggling to sustain its recent uptrend. The pullback comes amid increasing selling pressure, raising concerns about whether this is a temporary correction or the start of a deeper decline. While LTC previously showed strength, the inability to maintain higher levels suggests that market sentiment is shifting, leaving traders questioning the coin’s next move. As the price approaches key support levels, traders are closely monitoring market signals to determine the next move. Will buyers step in to defend LTC and spark a rebound, or will bearish pressure push the price even lower? Litecoin Drop To $97.8: What Triggered The Pullback? Litecoin’s retreat to $97.8 comes after failing to sustain its recent uptrend, as increasing selling pressure drove the price lower. After an initial push higher, LTC encountered strong resistance at the $113 key level, preventing further gains and triggering a pullback. This resistance rejection prompted profit-taking among traders, as many opted to secure gains rather than hold through potential volatility. Related Reading: Litecoin Fails To Break Key Resistance Level Again – Can Bulls Hold Range Lows? Moreover, the decline in buying momentum played a crucial role in the price drop. As bullish enthusiasm faded, buyers struggled to maintain control, allowing sellers to take over. The weakening demand led to increased downward pressure, accelerating Litecoin’s descent toward the $97.8 support level. Broader market uncertainty also contributed to the downturn. A combination of external factors, including macroeconomic conditions and Bitcoin’s price action, likely influenced traders’ risk appetite, leading to a cautious approach toward altcoins like LTC. Technical indicators also experienced a drop below average, prompting a correction as traders reassessed their positions. If Litecoin fails to hold above $97.8, further downside could be expected. However, a possible recovery may be on the horizon if buyers step in at this level. Potential Scenarios: Rebound Or Further Decline? The Litecoin price movement around the $97.8 level will be crucial in determining its next direction. Two possible scenarios could unfold—a strong rebound if buyers regain control or a deeper decline if selling pressure persists. Related Reading: Litecoin Price Shows Resilience In Uncertain Market Conditions — What’s Next For LTC? In a bullish scenario where LTC manages to hold above $97.8, buyers could step in, driving the price toward immediate resistance levels. A successful rebound might push Litecoin back above $113, with the next target being $131.6. After this, bullish momentum may grow, paving the way for a rally to $146. However, in a bearish scenario where Litecoin fails to hold above $97.8, the price could face additional downside pressure. Breaking below this key support hints at a decline toward $89.7 and $76.8, and even lower support zones, making it critical for bulls to defend key levels. Featured image from Pexels, chart from Tradingview.com
On-chain data shows a Litecoin whale has made a huge deposit to the cryptocurrency exchange Binance in the past day, a sign that could be bearish for LTC’s price. Binance Has Just Received A Massive Litecoin Inflow According to data from the cryptocurrency transaction tracker service Whale Alert, a large move has been spotted on the Litecoin network during the last 24 hours. The transfer in question involved the shifting of 500,000 LTC across the network. At the time that the chain executed the transaction, this stack was worth around $51.3 million. Given the large scale associated with the move, it’s likely that a whale entity was responsible for it. Related Reading: Bitcoin’s Next Stop: $75,500? Analyst Reveals Historical ‘Magnet’ Level Whales are the largest of investors on the network, who can carry some degree of influence in the market due to their ability to make large transactions like this latest one. As such, the behavior of these humongous holders can often be worth keeping an eye on, as even if it may not always end up impacting the LTC price, it can still tell us about what the sentiment is like among this important cohort. Generally, though, it can be hard to say for certain what the whales are doing from their transaction activity alone, considering the anonymous nature of the blockchain. Nonetheless, sometimes, one of the wallets involved in the transaction can be connected to a central entity, which can provide room for speculation. The latest Litecoin move is fortunately of this type. Here are the details of the addresses involved in the transfer: As is visible above, the whale made the Litecoin transaction from a few unknown wallets. Such addresses are those that aren’t known to be affiliated with any centralized platform, so they can be assumed to be personal, self-custodial wallets of the investor. The destination of the transaction was a wallet attached to Binance, an exchange. Moves of this type, where coins go from personal addresses to the custody of an exchange, are known as exchange inflows. Related Reading: Solana (SOL) Crashes 15% After Massive Profit-Taking Spike Usually, investors deposit their tokens to these platforms when they want to use one of the services that they require, which can include selling. As such, exchange inflows can sometimes have a bearish impact on the asset’s price. It’s unknown, though, whether the whale truly intended to sell with the latest exchange inflow or not. In the scenario that the investor did plan for it, then it could spell trouble for Litecoin, considering the scale of the move and the fact that its price has already registered a considerable drawdown during the past week. LTC Price Litecoin has recently plummeted alongside the rest of the cryptocurrency sector, which has brought its price down to $104. Featured image from Dall-E, whale-alert.io, chart from TradingView.com
Litecoin has faced a massive drop as the entire crypto market experiences intense selling pressure. Increased volatility has driven sharp price swings, with LTC plunging from $130 to $100 in a matter of hours. This steep decline has raised concerns among investors as Litecoin struggles to maintain key support levels. Related Reading: Dogecoin Breaks Above Falling Wedge Pattern – Analyst Sets $0.43 Target Market uncertainty has left Litecoin trading at a crucial level, with bulls trying to defend $100 amid persistent selling pressure. The failure to hold above higher price ranges suggests a weakened bullish structure, increasing the risk of further declines. Top analyst BigCheds shared a technical analysis highlighting that this is the third time Litecoin has thrown back to the $100 level. Historically, repeated retests of key support zones increase the likelihood of a breakdown, adding to the bearish sentiment surrounding LTC. If the $100 level fails to hold, Litecoin could face a deeper correction, aligning with the broader market downturn. Traders are now closely watching Litecoin’s next move to determine whether it can stabilize or if another wave of selling will push it lower. With volatility dominating the market, LTC remains at a pivotal moment that could dictate its price action in the coming weeks. Litecoin Keeps Holding The Range Litecoin is currently trading between key liquidity levels after months of volatility and uncertainty in the market. Despite its turbulent price action, LTC has shown relative strength in recent weeks, managing to hold key support levels. However, it continues to struggle against significant resistance, preventing a clear trend from forming. The main issue facing Litecoin is its inability to break above supply levels, keeping price action in a tight range. While bulls have attempted to push LTC higher, sellers at major resistance levels have repeatedly stalled momentum. Without a decisive breakout, Litecoin remains stuck in a consolidation phase, leaving traders unsure of its next move. BigCheds’ technical analysis highlighted that another high-timeframe (HTF) throwback to the $100 range followed a $130 supply level rejection. This marks the third time Litecoin has tested the $100 support zone, a level that has been crucial in preventing deeper declines. If LTC fails to hold this area, it could trigger a more extended correction. A breakout above $130 or a breakdown below $100 will likely determine Litecoin’s next major move. Until then, traders remain cautious as price action continues to signal uncertainty and indecision. The coming days will be critical in deciding whether LTC can reclaim higher levels or face another wave of selling pressure. Related Reading: Bitcoin Reclaims Key Levels And Faces Resistance At $97K – Can It Break $100K This Week? Price Action Details: Key Levels To Hold Litecoin is currently trading at $102 after a massive drop from the $130 mark, leaving bulls in a critical position to defend key levels. The recent decline has pushed LTC to the lower boundary of its trading range, testing crucial support that has held multiple times in recent months. So far, price action has respected both supply and demand zones, with resistance around $130-$140 and support near $100. This channel structure has defined Litecoin’s movement, keeping it within a clear range-bound pattern. Bulls must now hold the current level to sustain this channel thesis, preventing further downside. eIf Litecoin confirms a breakout above $130, it could signal the start of a new bullish trend, pushing LTC toward higher levels. However, a break below $100 would indicate a loss of demand, likely triggering a deeper correction and increasing selling pressure. Related Reading: Dogecoin Will Start A Move To $4 If Current Demand Holds – Can Bulls Step In? For now, traders are closely watching whether LTC will hold or break its current support zone. The next major move will likely come from a decisive breakout in either direction, setting the stage for Litecoin’s trend in the coming weeks. Featured image from Dall-E, chart from TradingView
The Litecoin price has been one of the better-performing assets since a wave of bearish pressure swept the market this past week. While the altcoin initially succumbed to the downward pressure, the price of LTC has recovered to its former highs before the downturn. Thanks to its recent positive momentum and resilience, the Litecoin price is outperforming Bitcoin, the largest cryptocurrency by market capitalization. Now, the question is — how long can LTC keep this up against the Bitcoin price? LTCBTC Rises 25% In February In its latest post on the X platform, market intelligence firm Santiment shared that the price of Litecoin has been doing excellently against the Bitcoin price in recent weeks. According to the on-chain analytics firm, LTC is one of the few altcoins that has improved its price dominance against Bitcoin in February. Related Reading: Cardano Price Set For $8.11 ATH In 2025 With This Bullish Wave According to data from CoinGecko, the Litecoin price (LTC/BTC ratio) increased by more than 25% against the premier cryptocurrency in the past month. However, Santiment believes that the altcoin is at risk of a mild correction in the near future. This projection is based on the increasingly positive sentiment among Litecoin investors, especially over the past few days. Santiment revealed in its post on X a notable uptick in the number of active addresses on the Litecoin network over the past 24 hours. According to the market intelligence platform, the number of active LTC addresses crossed 445,000 for the first time since February 1, 2025. While this significant rise in addresses signals increased network participation, the increasing social media and online discussions around LTC is the more worrying trend. Santiment highlighted that the number of positive social media comments toward Litecoin is double that of negative comments for the first time since February 10. The overly bullish commentary spike can be bearish for the LTC/BTC ratio, signaling price exhaustion and investor fatigue in the short term. Moreover — from a historical perspective, prices tend to move in the opposite direction of the crypto crowd. Litecoin Price — What’s Next? As of this writing, the price of LTC stands at around $127, reflecting a 4.5% increase in the past 24 hours. The altcoin has nicely recovered after briefly falling below $110 in midweek, trimming its weekly losses to less than 1%. Related Reading: Ethereum Retraces To Critical Monthly Demand Level – Can ETH Hold Selling Pressure? According to popular crypto analyst Ali Martinez, the Litecoin price is currently within a consolidation range. However, the altcoin could be set for a run to the upside once it successfully breaks out and closes above $136 on the daily timeframe. Featured image from Getty, chart from TradingView
Litecoin has been consolidating below the $140 level, showing resilience despite the broader market downturn. Even during this week’s market breakdown, which saw Litecoin drop by 18%, the price managed to reclaim key levels, signaling strength compared to other altcoins. While most cryptocurrencies struggled to recover from heavy losses, LTC has held firm, maintaining a solid market structure. Related Reading: Long-Term Dogecoin Holders Are In “Denial” – On-Chain Metrics Expose Weakness Top analyst Daan shared insights on X, highlighting Litecoin’s relative strength in the past few weeks. He noted that $LTC has been one of the strongest coins recently, with its high timeframe chart still looking solid. According to Daan, if the market recovers, Litecoin could be poised for a big rally, outperforming weaker altcoins that have struggled to regain key levels. If buyers step in and reclaim the $140 mark, Litecoin could be positioned for a strong rally once market conditions improve. However, if selling pressure returns, the price may retest lower support levels before making its next major move. Investors remain cautiously optimistic about LTC’s performance amid ongoing market volatility. Litecoin Consolidates Below Critical Supply Level Litecoin has been trading in a consolidation range below its multi-year highs, showing relative strength compared to the broader crypto market. While most altcoins have struggled to recover from recent losses, LTC has remained resilient, holding key levels despite heightened volatility. Speculation and market sentiment have been major drivers of price action, with Litecoin experiencing massive swings throughout the week. Daan’s insights note that LTC has been one of the strongest coins in the past couple of weeks. According to him, Litecoin’s high timeframe chart remains solid, signaling strong market structure even amid broader market weakness. However, the $140 level has proven to be a major resistance, preventing LTC from breaking out. Daan advises keeping an eye on this critical price level, as a breakout could trigger a significant upward move. This strength is primarily due to the growing Litecoin ETF narrative, which has fueled buying pressure, Daan adds. He acknowledges that while there may not be meaningful inflows once the ETF goes live, the speculation surrounding it has provided short-term bullish momentum. Related Reading: Solana Transfer Volume Crashes To $14.5M – What’s Next for SOL? For now, Litecoin’s ability to hold above key levels suggests it could be positioned for a breakout once market sentiment improves. If bulls manage to reclaim $140, an aggressive rally could follow. LTC Price Is Flirting With A Breakout Litecoin is currently trading at $129 after breaking down to $106 during the recent market-wide sell-off. Despite the volatility, LTC has managed to regain momentum, bouncing back above key support levels. The next critical resistance level lies at $140, a price that has acted as a strong barrier since early December. Bulls must reclaim this level to confirm a breakout and push LTC into higher price ranges. If Litecoin holds above the $130 mark for the next few days, a breakout could follow, leading to an aggressive rally toward multi-year highs. However, the market remains in a consolidation phase after experiencing massive selling pressure, and further price compression could delay a breakout. Related Reading: XRP Breaks Down Below Key Demand – Analyst Expects A Drop To $1.65 While Litecoin has been one of the strongest-performing altcoins in recent weeks, uncertainty in the broader crypto market continues to influence price action. Traders are closely watching LTC’s ability to sustain support above $130, as failing to do so could result in a retest of lower demand levels. If LTC consolidates within the current range, a slow accumulation phase may be underway before the next major move. A decisive break above $140 would signal the start of a new bullish phase for LTC. Featured image from Dall-E, chart from TradingView
Litecoin (LTC) is currently attempting to sustain its position above the critical $120 threshold, eliciting concern among investors. Related Reading: $34 XRP? Analyst Spots A Crucial Setup For A Major Rally The crypto is presently valued at $112, reflecting a 9% decline over the past 24 hours, making its trajectory a topic of interest for investors amid a broader market downturn that has led to over $250 million in liquidations across cryptocurrency exchanges. In light of the escalating selling pressure, is it plausible for LTC to evade hitting lower support levels in the near future? Network Growth Defies Price Action Still, despite the adverse price swings, Litecoin’s basic network metrics present a different story. Higher than the 30-day average of 8.15 million, the overall count of addresses now stands at over 8 million. Concurrent with this growth in transaction volume—which has quadrupled from $3.70 billion to $11.30 billion over the past six months—are other developments. These basic indicators show a strong adoption rate that contrasts sharply with the present price downturn, therefore creating an interesting scenario for market observers. #Litecoin $LTC faced rejection at the $135 resistance, which could lead to a pullback toward support at $98! pic.twitter.com/UchvWgc6G8 — Ali (@ali_charts) February 23, 2025 Technical Patterns Indicate Potential Downturn Ali Martinez, a known crypto analyst, has detected a parallel channel formation on the daily chart of Litecoin that concerns him. This technical structure, in conjunction with a double-top reversal pattern at the upper boundary, suggests that there is ongoing downward pressure that could lead LTC to the midline of the channel, which is approximately $115. The parallel channel’s lower band is around the $98 threshold. If the decline reaches the mid-line at $115, bears will probably test the lower boundary line. This will be Litecoin’s second decline below the $100 milestone. Derivatives Data Shows Mixed Sentiment Divergent signals about Litecoin’s future abound from the derivatives market. While the general long-to-short ratio is 0.90, which suggests that there are rather more negative than optimistic holdings, the ratios of important exchanges like Binance and OKExchange are more positive. This divergence suggests that despite the broader market’s uncertainty, prominent traders with larger accounts remain confident. In the past 24 hours, the market’s volatility was further exemplified by liquidation data, which showed that bulls suffered $2.70 million in losses while bears took a $440 hit. Related Reading: Chainlink Activity Spikes—2,300 Fresh Addresses In Last 7 Weeks Strategic Opportunities Emerge From Volatility The current state of the Litecoin market is a critical turning point for investors. If you are looking at the bigger picture, the possible pullback to the $98 support level could be a great time to get in, as long as it happens. If the price breaks clearly above $135, it could start a bigger rebound phase and show that the price is once again moving up. Featured image from Gemini Imagen, chart from TradingView
Litecoin is on the verge of breaking multi-year highs at the $147 level, defying the overall negative sentiment in the crypto market. While selling pressure and uncertainty have slowed the broader market, LTC has held strong, just below key supply levels. This resilience has fueled optimism among investors, with many anticipating a potential breakout in the coming days. Related Reading: Cardano Remains In Consolidation – Expert Projects 25% Price Move A crucial factor contributing to Litecoin’s strength is growing speculation around a Litecoin ETF. According to key data from IntoTheBlock, the number of short-term LTC traders has increased by over 12% in the past month. Historically, surges in short-term trading activity have preceded major price movements, indicating that investors are positioning for a potential rally. With ETF discussions gaining momentum, traders are closely watching Litecoin’s price action. If LTC successfully reclaims $147, it could open the door for a significant breakout. However, failure to push past this resistance could lead to increased volatility. As the crypto market navigates uncertainty, Litecoin remains one of the few assets showing relative strength, keeping investors hopeful for a strong move in the near future. Litecoin Holds Key Levels As ETF Speculation Grows Litecoin is trading at crucial liquidity levels after a volatile week, struggling to reclaim momentum following Friday’s market breakdown caused by the Bybit hack, resulting in $1.4 Billion in ETH stolen from the exchange. Just as LTC was preparing to push above multi-year highs, negative sentiment hit the crypto space, leading to a wave of selling pressure across the board. Despite this, analysts remain optimistic, calling for a massive surge in Litecoin once the broader market regains strength. Many believe LTC is positioned to outperform other assets when the market enters its next bullish phase. Speculation surrounding a Litecoin ETF has added fuel to the growing interest in LTC. According to IntoTheBlock, the number of short-term LTC traders has increased by over 12% in the past month. This rise in trading activity suggests that traders are closely watching Litecoin, betting on the possibility of an ETF announcement that could drive prices higher. Historically, major ETF approvals have resulted in strong rallies, and investors are speculating that LTC could follow the same pattern. For now, Litecoin remains in a consolidation phase, with traders looking for confirmation of the next major move. If LTC reclaims key resistance levels and ETF speculation continues to grow, the next breakout could be one of the most significant in recent years. Related Reading: New Chainlink Addresses Hit Highest Levels Since January – LINK Network Growth Accelerates LTC Testing Key Demand As Market Awaits Breakout Litecoin is currently trading at $123 after experiencing a sharp 13% drop from local highs set on Friday. The price action reflects broader market uncertainty, but LTC continues to show strength, holding above key support levels. Investors remain optimistic, believing that Litecoin could be one of the top-performing assets once the market trends upward again. For now, LTC must maintain support above the critical $120 level to sustain its bullish structure. A successful reclaim of the $135 level in the coming days would signal renewed momentum, potentially setting the stage for a breakout into higher price levels. Analysts believe that if Litecoin manages to clear this resistance zone, a strong move toward multi-year highs could follow. Related Reading: Bitcoin Faces Serious Price Compression – What Happened Last Time However, if selling pressure increases and LTC loses the $120 support, a deeper retracement into lower demand levels could occur. This scenario would likely extend the consolidation phase, delaying any potential rally. Traders are closely watching Litecoin’s price action for signs of strength, as a bullish breakout could lead to one of the most significant moves for LTC in recent months. Featured image from Dall-E, chart from TradingView
The market intelligence platform IntoTheBlock has explained the reason why Litecoin has been stuck inside the $90 to $130 range recently. Litecoin Exchange Netflow Has Followed An Interesting Pattern Recently In a new post on X, the analytics firm IntoTheBlock has discussed about a pattern that the Litecoin Exchange Netflow has shown during the recent phase of consolidation in the asset’s price. Related Reading: Glassnode Reveals Where Bitcoin Could Find Support If Current Level Breaks Down The “Exchange Netflow” here refers to an on-chain indicator that keeps track of the net amount of the cryptocurrency that’s entering into or exiting the wallets associated with all centralized exchanges. When the value of this metric is positive, it means the inflows for these platforms outweigh the outflows. Generally, one of the main reasons why investors would deposit their coins into the custody of exchanges is for selling-related purposes, so this kind of trend can be a bearish sign for LTC’s price. On the other hand, the indicator being under zero suggests the holders are withdrawing a net number of tokens from the exchanges. Such a trend can be a sign that the investors are in a phase of accumulation, which can naturally have a bullish impact on the asset. Now, here is the chart shared by IntoTheBlock, which shows the trend in the Litecoin Exchange Netflow over the last few months: As is visible in the above graph, the LTC Exchange Netflow has displayed an interesting pattern during the last couple of months. It would seem that deposits have ramped up when the cryptocurrency has gone up to retest the $130 upper level of its recent consolidation range, while outflows have occurred during dips. “Data suggests Litecoin traders are capitalizing on price swings, ramping up withdrawals and deposits to sell on spikes and buy on dips,” notes the analytics firm. “This pattern has helped keep LTC trading in a range between 90 and 130 for about three months.” Related Reading: Bitcoin Finally Independent? BTC-S&P 500 Correlation Hits Zero Given this trend, it’s possible that the cryptocurrency would have trouble escaping out of this range, so as long as the whales continue to trade in this manner. Thus, the Exchange Netflow could be kept an eye on, to check when trader behavior finally shifts. At present, Litecoin is trading quite near the upper level of the sideways channel, but the Exchange Netflow is still at a neutral level (that is, the inflows are balancing out the outflows). It only remains to be seen whether this is a sign that the whales are switching things up, or if it’s only a temporary deviation. LTC Price Most of the cryptocurrency sector has found the past day to be a red one, but Litecoin has shown divergence as its price has jumped almost 3%, reaching the $127 mark. Featured image from Dall-E, IntoTheBlock.com, chart from TradingView.com
Crypto analyst EXCAVO has alluded to the potential Litecoin ETFs and how they spark a massive price surge for LTC. The analyst also revealed how high LTC could rally to at the end of this bull cycle thanks to these ETFs. How The Litecoin ETFs Could Drive LTC’s Price To $800 In a TradingView post, EXCAVO highlighted the Litecoin ETFs as one of the factors that could drive LTC’s price to $800 at the end of the cycle. He noted that Litecoin is just a fork of Bitcoin, and there is not much technology in it. However, he added that a decentralization and adoption issue is occurring, making LTC a suitable candidate for a potential ETF. Related Reading: Meet The New King Of Crypto Payments: Why Users Are Choosing Litecoin Over Bitcoin The analyst indicated that these Litecoin ETFs are one of the bullish fundamentals that could send LTC to this price target. Grayscale. Canary Capital and CoinShares have all applied with the SEC to offer a Litecoin ETF. According to Bloomberg analysts Eric Balchunas and James Seyffart, there is a 90% chance of the US SEC approving these funds this year. As such, if approved this year, these Litecoin ETFs could easily send the LTC price to $800, as EXCAVO predicted. Meanwhile, from a technical analysis perspective, the analyst also stated that the crypto has a standard triangle with horizontal resistance on top. He added that such resistances tend to break out strongly. As such, the analyst is confident that LTC can reach $800 in this cycle thanks to its bullish fundamentals and technicals. EXCAVO also alluded to the LTC/BTC pair, noting that the fall has stopped and the bottom has been minimized. In line with this, he remarked that he expects an upward jump soon enough. LTC Is Headed To $180 In The Short Term In an X post, crypto analyst Dom opined that the Litecoin price is headed to $180. This came as he explained why he doesn’t believe LTC has topped in this cycle. Alluding to historical patterns, the analyst asserted that Litecoin’s chart is nothing like a topping formation. He added that tops have always been put in quickly. Related Reading: Forget Bitcoin Holders: Litecoin Investors Are The Real Diamond Hands, According To This Metric Dom also remarked that Litecoin’s price is bullish, above the all-time high (ATH) Volume-weighted average price (VWAP). However, he added that a full invalidation would be an acceptance below $103. Meanwhile, crypto analyst Crypto Bullet highlighted how “LTC will fly soon.” His accompanying chart showed that the Litecoin price could reach $210 when this parabolic rally happens. Crypto analyst Charting Guy is also bullish on Litecoin, describing it as XRP 2.0, indicating that it could make a comeback like XRP did last year. At the time of writing, the Litecoin price is trading at around $123, down almost 1% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
Litecoin has been gaining momentum in recent weeks, and according to crypto analyst Tony “The Bull” Severino, this might be just the beginning of an explosive rally. Although Litecoin also started February on a decline alongside the rest of the crypto market, it has since detached and has recovered from these losses. This interesting Litecoin price move has seen it outperforming against Bitcoin. In a post shared on social media platform X, Severino projected that Litecoin could significantly outperform Bitcoin in the coming months and pump by 1,500%. LTC’s Growing Strength Against Bitcoin Litecoin has remained relatively quiet in this market cycle, drawing less attention compared to top cryptocurrencies like Bitcoin, Solana, and XRP. However, technical analysis shows that LTC has started to outperform Bitcoin, especially in the past two months. Related Reading: Litecoin Sees 2M Bollinger Bands Tighten – What A Move Above $130 Will Mean For Price This trend with Litecoin and Bitcoin was highlighted through a multi-year monthly candlestick chart shared by crypto analyst Tony Severino. As shown by the chart below, the Litcoin / Bitcoin pair has been on an uptrend after rebounding on the bottom trendline of its multi-year descending channel. Tony Severino noted that Litecoin will continue to push upwards in this channel, which will cause the price to continue outperforming Bitcoin on the monthly timeframe. Regarding a price prediction, the analyst noted two targets for the pair. The first target is at 0.006275 BTC, which is just around the upper trendline of this channel. From here, a continued breakout is expected to push the Litecoin / Bitcoin pair to the final target of 0.02 BTC. As of now, the LTC/BTC pair is trading at approximately 0.003, meaning the first target suggests a 110% increase against Bitcoin, while the final target points to a 566% surge. Litecoin Price Targets If It Continues To Grow Against Bitcoin The predicted outperformance of Litecoin against Bitcoin places Litecoin at new all-time highs. Provided that Bitcoin continues to trade around the $100,000 mark and the LTC/BTC pair continues its upward trajectory, Litecoin’s first price target at 0.006275 BTC would correspond to a valuation of approximately $630. Should the pair reach the final target of 0.02 BTC, the price could skyrocket to around $2,000. Related Reading: Crypto Analyst Dunks On Shiba Inu, Cardano, And Litecoin, Reveals Bullish Cryptocurrencies This scenario of Litecoin strongly outpacing Bitcoin if it continues to range around $100,000 could set off a domino effect and cause an altcoin season. This altcoin season could cause capital flows from Bitcoin into the altcoin market, causing other altcoins to also outperform Bitcoin. However, Bitcoin could eventually start climbing beyond $100,000. In this case, Litecoin’s relative strength on the Litecoin / Bitcoin pair would still be crucial. If it continues to trend upward even while the Bitcoin price appreciates, the price targets for Litecoin will be even higher. A push toward 0.006275 or 0.02 in the LTC/BTC pair amid a rising Bitcoin market would result in prices that exceed the initial $630 and $2,000 targets. At the time of writing, LTC is trading at $126 after recently reaching an intraday high of $136. Featured image from Adobe Stock, chart from Tradingview.com
Litecoin recent price action has left traders at a crossroads as the cryptocurrency struggles to recover from a sharp rejection at $131. After an attempt to push higher, LTC failed to hold its momentum, turning $113 into a critical level that could shape its next move. With bullish hopes now hinging on this key support, can Litecoin bounce back, or is further downside inevitable? The market is closely watching for signs of strength from buyers, as holding above this level will probably reignite upside momentum and set the stage for another rally. On the other hand, a breakdown could expose Litecoin to deeper losses, putting sellers in control. With uncertainty looming, traders are bracing for LTC’s next big move. Let’s dive into the key technical levels and what they mean for LTC’s future. LTC’s Rejection: What It Means For The Short-Term Trend Following the rejection that halted bullish momentum at $131, Litecoin has continued to exhibit bearish tendencies, struggling to regain upward traction. The failure to break through this key resistance level has reinforced the dominance of sellers, leading to a pullback that now threatens the short-term optimistic outlook. Related Reading: Litecoin Approaches Daily Range Peak – Can LTC Break Multi-Year Highs? With $131 acting as a formidable barrier, buyers were unable to sustain the rally, ultimately giving way to increased selling pressure. Its rejection suggests that many traders are choosing to lock in profits, reducing demand and weakening bullish momentum. A decline in buying interest at higher levels indicates hesitation among investors, possibly due to broader market uncertainties or a lack of confidence in future performances. Additionally, key technical indicators are flashing caution signals. The Relative Strength Index (RSI), which measures momentum, is trending lower and approaching the 50% threshold, a critical level that often determines whether bullish or bearish sentiment prevails. A sustained drop below this level would reflect weakening buying strength and increasing selling pressure, reinforcing the potential for further downside movement. What’s Next? Possible Scenarios For Litecoin Price If the $113 support level holds strong, Litecoin may attract renewed buying interest, leading to a possible bounce. A surge in bullish momentum might allow LTC to reclaim lost ground and retest the $131 resistance level. Breaking above this barrier, supported by strong volume, might open the door for a rally toward $146.8 and beyond, signaling a continuation of the uptrend. Related Reading: Analyst Says Litecoin Will Outperform Bitcoin And Large Cap Cryptos With 11,000% Breakout On the downside, if selling pressure intensifies and Litecoin falls below $113, the next major support levels to watch would be $97.9 and $89.7. Falling below these levels could trigger a deeper correction, putting LTC at risk of revisiting lower price zones. Featured image from Medium, chart from Tradingview.com
Litecoin has experienced a strong bullish surge in recent days, climbing over 30% since last Friday. This impressive rally has positioned Litecoin as one of the top-performing altcoins during a period of market uncertainty. Analysts and investors are now speculating about the potential for a massive breakout in the coming weeks as Litecoin continues to show relative strength compared to other cryptocurrencies. Related Reading: Cardano Is Showing Signs Of A Potential Rebound As Key Indicator Flashes A Buy Signal – Analyst Top analyst BigCheds shared a detailed technical analysis, revealing that Litecoin is approaching daily range peaks and gearing up to test multi-year highs around the $145 mark. This key resistance level has been a critical zone for Litecoin in previous cycles, and breaking above it could signal the start of a significant upward trend. Litecoin’s recent momentum has caught the attention of both retail and institutional investors, who are watching closely for signs of a confirmed breakout. With the broader market still consolidating, Litecoin’s ability to outperform could set the stage for a bullish continuation, potentially taking the price to new heights. As the crypto market braces for its next move, Litecoin’s price action remains a focal point for traders. Breaking past the $145 level would solidify its bullish narrative and pave the way for further gains. Litecoin Prepares For A Breakout Litecoin has shown impressive relative strength, surging over 30% in the past week, while the broader market continues to face indecision. This notable performance has captured the attention of analysts and investors, with some expecting Litecoin to lead a bullish rally that could break multi-year highs and push into higher supply levels. However, caution remains among market experts, as the current price action could result in a fake breakout. Top analyst BigCheds shared a technical analysis on X, revealing that Litecoin is approaching daily range peaks. According to him, the key level to watch is around $145, a critical resistance zone that has acted as a barrier in the past. BigCheds stated that while the price momentum is promising, he remains skeptical until Litecoin can decisively clear this level and hold it as support. The next few days will be crucial for Litecoin as altcoins across the market are finding support, and Bitcoin flirts with reclaiming the $100K mark. If Litecoin can sustain its momentum and break above the $145 level, it could solidify its position as one of the leading altcoins in the current market cycle. Conversely, failing to clear this key level could lead to a retracement, testing lower support zones. Related Reading: Ethereum Holds Multi-Year Bullish Pattern – Expert Suggests The Next Move Will Be ‘The Real Deal’ As the market watches closely, Litecoin’s ability to hold above recent gains and break past resistance will likely dictate its direction in the coming weeks. Whether this move is the start of a bullish rally or another fake-out remains to be seen, but its price action is undoubtedly setting the stage for significant market moves. LTC Testing Crucial Supply Levels Litecoin (LTC) is trading at $127 after experiencing a strong bullish surge, climbing over 23% in less than two days. The recent price action has been impressive, as LTC reclaimed range highs and successfully pushed above the critical $120 mark. This move has shifted market sentiment, placing significant pressure on bears as the price approaches the next key resistance zones at $140 and $145. The $140 and $145 levels represent crucial supply zones that have historically acted as barriers to further upward movement. A breakout above these levels would not only signal a continuation of the bullish trend but also set the stage for Litecoin to test its multi-year high at $147. Analysts believe that reclaiming and holding above this level would trigger a massive rally, potentially propelling LTC into uncharted territory. Related Reading: Solana Holds Support Above Key Indicator – Expert Sees Push To ATH If Momentum Returns However, the coming days will be critical for Litecoin’s price trajectory. Bulls need to maintain momentum and defend current levels to sustain this upward move. If LTC successfully breaks above $147, it could attract more buyers, fueling further gains. Conversely, failing to clear these resistance levels could lead to consolidation or a minor retracement before another attempt at a breakout. All eyes are now on Litecoin as it approaches a decisive phase. Featured image from Dall-E, chart from TradingView
Rising by 14% in the face of a broad general market volatility, Litecoin (LTC) is once more displaying its strength in the crypto scene. LTC dropped briefly to $102, then swiftly recovered and today rests securely above the $120 support zone. As positive momentum builds, experts are wondering whether Litecoin can reach the next crucial level: $128. At its current price of $127, it’s just a matter of time (hours?) before LTC can easily hit $128. Related Reading: Can XRP Hit $10,000? A Quadrillion Market Cap For The Coin If That Happens – Analyst Strong Recovery After Market Dip Traders have been drawn to Litecoin lately, particularly given its remarkable 25% increase over the past 30 days. LTC has kept a consistent climb while Bitcoin and other big cryptocurrencies have somewhat been shaken. Litecoin dropped momentarily to $105 on February 10 then quickly recovered, indicating substantial buyer demand at reduced levels. Now considered as a crucial support zone, the $120 mark will help LTC brace for another leg up as long as it holds. ???? $LTC is breaking out of this ascending triangle as predicted! The target is $128???? Trade #Litecoin on Bitunix – https://t.co/GzXaATj3Ps and get a free $100 after your first $500 deposit! pic.twitter.com/UGD4Qq1aa5 — Carl Moon (@TheMoonCarl) February 10, 2025 Market Sentinel Sees A Move To $128 And Above With some experts seeing a breakthrough toward $128 in the near term, market watchers are upbeat about Litecoin’s trajectory. Should positive sentiment persist, the next main obstacle falls between $128 and $130. A clean break above this area would let the door open for a push toward $150 or possibly $170 in the next weeks. The past performance of Litecoin in pre- and post-halving cycles is one of the elements fostering this optimistic view. Some analysts contend that Litecoin’s present surge is still part of its extended bullish phase. Litecoin ETF Speculation Adds Fuel To The Fire Speculation about a possible Litecoin exchange-traded fund (ETF) is another main driver behind Litecoin’s current surge. Although Bitcoin ETFs are already causing stir in the market, investors are also considering other assets that would profit from same regulatory approval. Odds of Litecoin ETF approval at 90%. I’m fine if folks want to buy it. It’s a free country But why? It’s a decade old ghost chain with no discernible purpose. https://t.co/XNsNqxfDfp — Jeff Roberts (@jeffjohnroberts) February 11, 2025 Should an LTC ETF be greenlit – which at the time of writing has a solid 90% odds of approval, according to an X user – it would give institutional investors a controlled approach to expose themselves to crypto, hence maybe generating large asset inflows. While no official confirmation has been made, growing speculation alone has been enough to spark increased interest in LTC. Related Reading: Analyst Eyes $387 For Solana As Key Support Levels Strengthen—Details Litecoin: What’s Next? Litecoin is barely one dollar away from its target, and all eyes are on whether it can surpass the $128 barrier level, according crypto analyst Carl Moon. Should the overall market stay steady and sentiment remain favorable, a move past $130 could be just ahead. Featured image from Gemini Imagen, chart from TradingView
Litecoin has observed a sharp increase of over 19% in the past day. Here’s what on-chain data says could be behind the rally. Litecoin Has Overperformed Market With A Strong Surge In The Last 24 Hours The past day has seen recovery from the cryptocurrency sector as a whole, but Litecoin in particular has stood out with its impressive rally of more than 19%, which has taken its price beyond the $120 mark. Related Reading: XRP, Bitcoin Recovery Only Short-Lived? TD Sequential May Suggest So Below is a chart that shows how the recent performance of the coin has looked. Among the top digital assets by market cap, only XRP (XRP) and Hedera (HBAR) have shown comparable returns to Litecoin during the last 24 hours. In terms of weekly profits, though, LTC still lags behind many coins with an overall uplift of just 16%. As for what could be providing the fuel for the rally, perhaps behavior of the key investors of the cryptocurrency could provide some answers. LTC Sharks & Whales Have Been Buying Recently In a new post on X, the on-chain analytics firm Santiment has discussed about the latest trend in the Supply Distribution of the Litecoin sharks and whales. The “Supply Distribution” here refers to an indicator that keeps track of the total amount of LTC that a given wallet group is holding right now. Addresses or investors are divided into these cohorts based on the number of coins that they are carrying in their balance. The 1 to 10 coins group, for instance, contains all the wallets holding between and one and ten tokens of the asset. In the context of the current topic, two cohorts are of interest: sharks and whales. The combined range for these investors could be defined as 10,000 LTC to infinity. The lower end of the range is equivalent to around $120,000 at the current exchange rate, so the only holders who would qualify for these groups would be the sizeable ones. As the influence of any investor in the market goes up the more coins that they hold, the sharks and whales can be worth keeping an eye on since their movements may end up reflecting on the cryptocurrency. Now, here is the chart shared by the analytics firm that shows the trend in the Supply Distribution of the Litecoin sharks and whales over the last few months: As displayed in the above graph, the Litecoin sharks and whales have seen their total supply go up recently, which suggests that these large investors have been participating in net accumulation. In all, the groups have bought a total of 250,000 tokens (around $30 million) during this surge in the indicator over the last week. Given the timing, it’s probable that these holders have had a part to play in the latest price rally. Related Reading: Social Media Turns Bullish On Dogecoin, Solana As Market Rebounds The metric could now be to monitor in the coming days, as a continuation of the uptrend in it may spell a further bullish outcome for Litecoin. A decline, on the other hand, could be a bearish signal. Featured image from Dall-E, Santiment.net, chart from TradingView.com